Clams were initially distributed to 3,208,032 BTC, LTC and DOGE addresses based on the 12 May 2014 snapshot of these blockchains. Each of these address received 4.60545574 CLAMs. 63,381 addresses have been dug comprising 291,898.39 CLAMs. If all the distributed CLAMs were dug up, the total money supply would be 15,009,015.13. There is no Proof-of-Work stage for Clams and the network is now secured by Proof-of-Stake.
MintCoin is a new Proof of Work (POW) / Proof of Stake (POW) hybrid cryptocurrency coin. It's objective is to become the next innovative, secure, and energy efficient cryptocoin in the market. MintCoin is distributed using a fast POW distribution mechanism, and after 5 weeks, it becomes a pure POS coin. This makes the coin completely energy efficient in order to sustain itself, not having to depend on resource intensive mining rigs. MintCoin now runs on 100% Proof-of-Stake to secure the network. After the year 2016, stakers will receive a fixed 5% indefinitely as reward for securing the network. PoS variable interests: - 1st year: 20% - 2nd year: 15% - 3rd year: 10% - 4th and subsequent years: 5% MintCoin is often compared with its close counterpart - Peercoin and NXT